Our annual True Cost of Fraud study offers important insights into the profound effects of fraud on U.S. merchants, consumers and financial institutions. It establishes the actual cost of fraud as witnessed by merchants nationwide and provides key findings and specific recommendations for the industry.
This year's study reveals that merchants are paying $2.79 in total costs for each dollar of fraud losses they incur. That's up $0.10 from 2012, despite a recovering economy. Significant factors in this increase include a surge in online fraud, driven by the proliferation of malware and data breaches. Read on for additional conclusions and recommendations.
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